PEANUT BUTTER INDUSTRY – AUSTRALIA

Peanut butter battle leaves Kraft in a jam

roymorgansocial Leave a comment

Original article by Eli Greenblat
The Australian – Page: 19 : 2-May-19

Australian-listed Bega Cheese has won a trademark dispute with US food giant Kraft over the design of peanut butter packaging. The Federal Court has ruled that Bega has the exclusive right to use the distinctive packaging of Kraft Peanut Butter in Australia after it bought the brand from Kraft spin-off Mondelez International in 2017. Kraft subsequently re-entered the Australian peanut butter market using its traditional packaging, which was similar to that of Bega.

CORPORATES
BEGA CHEESE LIMITED – ASX BGA, THE KRAFT HEINZ COMPANY, MONDELEZ INTERNATIONAL INCORPORATED, FEDERAL COURT OF AUSTRALIA

Cheesemaker shelling out for more peanuts

roymorgansocial Leave a comment

Original article by Sue Neales
The Australian – Page: 6 : 12-Mar-18

Demand for peanuts in Australia is growing by eight per cent per annum, but production of peanuts is "stagnant" at 20,000 tonnes a year. Grower Ben Poggioli notes that many growers are getting older and leaving the industry, and that prices have not changed much in the last 10 years. Bega Cheese, which acquired the recipe and manufacturing rights in Australia to the former Kraft peanut butter from Mondelez in 2017, is hoping to revitalise peanut growing in Australia, partly through a commitment to use only Australian-grown peanuts in its Bega peanut butter.

CORPORATES
BEGA CHEESE LIMITED – ASX BGA, MONDELEZ AUSTRALIA (FOODS) LIMITED, PEANUT COMPANY OF AUSTRALIA LIMITED